Global Strategy for Service Industries
The advent of technological advancement and Internet culture and technology has created globalization, wherein societies and nations all over the world go beyond the boundaries that physical geography has limited. This means that through globalization, people are able to gain access and knowledge about nations all over the world, thereby encompassing differences in each society. Applied in the business environment, globalization is characterized by a company's ability to "serve domestic and foreign markets or to use a different strategy in each country" (Churchill 1995 309). In fact, this definition is aptly applied to the definition of globalization in the broader sense, which is the "integration and democratization of the world's culture, economy, and infrastructure through transnational investment... communication and information technologies... And free market forces" (Microsoft Encarta 2002).
Applied in economics and the business environment, the concept of globalization is mainly anchored towards the integration of domestic…...
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Bibliography
Churchill, G. (1995). "Marketing: Creating Value for Customers." Illinois: Richard D. Irwin, Inc.
Applying a Global Strategy to the Judicial eform in Brazil
Brazil has emerged as a confident country across the world. Clearly, Brazil is among the first countries that emerged to stimulate the global economy and investment. Early, this year, the government of Brazil initiated new restrictions to preserve enduring foreign direct investment. The politics of Brazil have played a key role in the judiciary. This was recently demonstrated by the current president who sacked various judiciary officials on allegations of irregularities and corruption. While the president's firm political decisions have angered many, they have similarly gained support within the judiciary fraternity (Nunes, 2010). With this introduction about the political situation in Brazil, the following section describes the judicial reform in Brazil. Essentially, the paper follows the standard approach to judicial and legal reform.
Judicial eforms
Beyond the obscure wrangles on the contributions of the rule of law contributes to economic development, many reformers…...
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References
Barrington, L. (2012). Comparative Politics: Structures and Choices. Wadsworth Pub Co.
Brinks, D. (2009). Judicial Reform and Independence in Brazil and Argentina: The Beginning of a New Millennium? TEXAS INTERNATIONAL LAW JOURNAL VOL. 40:595 pp 595-621.
Nunes, R.M. (2010). Politics without Insurance: Democratic Competition and Judicial Reform in Brazil. Westport, Conn: Praeger.
Ryan, M. (1998). GLOBAL STRATEGY VIEWS: Where and Why of Global Strategy. (Dunning, Journal of International Business Studies 1998)
His ideas are not important for their uniqueness (though they are singular), but because of the essential similarities between his conservative business utopia and other versions of collectivism" (Gilbert, p. 12). This biographer reports that King Camp Gillette was born in January 1855, the fifth of seven children, to George Wolcott Gillette and Fanny Camp Gillette, in Fond du Lac, Wisconsin; when King was four years old, the family moved to Chicago, where King attended Skinners School. Following the disastrous Chicago fire, which destroyed much of his father's property as well, King worked with the hardware firm of Seeberger and reakey. Two years later, he took a comparable job New York; as he later recalled of the time, "From the time I was twenty-one until the fall of 1904 I was a traveling man and sold goods throughout the United States and England, but traveling was not my only…...
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Bibliography
Baghai, Mehrdad a., Stephen C. Coley, Charles Conn, Robert J. Mclean and David White. 1996. Staircases to Growth. The McKinsey Quarterly, 4: 39.
Baghai, Mehrdad a., Stephen C. Coley, and David White. 1999. Turning Capabilities into Advantages. The McKinsey Quarterly, 1: 100.
eBay can continue to experience economic growth in services if the company successfully manages to transform the insights gained from their data marts and base of intelligence into marketable services.
Hypothesis
Investing in &D to continually grow the areas of reputation management and trust-based verification services will make a significant contribution to long-term value as these are areas all e-commerce strategies require.
I. Progression of eBay Value Chain from the Physical to the Virtual
a. equires a Hybrid Model to integrate the physical and virtual
b. Critical for the company to move into services
II. Assessing eBay's Core Competencies
a. Dynamic Pricing and Auction Core Strength
b. eferent Systems Development
III. Assessment of the eBay Value Chain
a. Keeping Trust in Transactions is Critically Important
b. Must continue to have a strong focus on security and fraud detection
c. 300,000 third party online resellers form the foundation of the selling system
d. eferent Systems Development
IV. The Future of the eBay Value Chain
a. Capitalizing…...
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References
Chen, E., & Weber, I. (2010). To Discount or Not to Discount: An Assessment of Perceptions, Beliefs, and Intentions to Use Electronic Auctions with Discounts. Group Decision and Negotiation, 19(2), 127-148.
Dini, F., & Spagnolo, G. (2009). Buying reputation on eBay: Do recent changes help? International Journal of Electronic Business, 7(6), 581.
Gregg, D. (2009). Outline Reputation Scores: How Well Are They Understood? The Journal of Computer Information Systems, 50(1), 90-97.
Karen E. Klein (2008, October). The Growing Frustration of eBay Sellers. Business Week (Online).
SEIIC H
Doing business internationally can be very different from a human resource perspective versus doing business domestically. Each country has its own laws and norms with respect to the labor market. For this reason, human resources is almost always a national function. Companies are limited with respect to what they can do globally. Globally, a company can set basic human resource strategy and principles, though the actual implementation of any general strategy will vary by country. Even generalizing about "EU" or "Asia" is laughably ignorant -- you cannot make labor market generalizations about Canada and the U.S., let alone about the twenty-odd EU countries or 60-something Asian ones.
In the EU, workers can come from any member country, as labor has freedom of movement within the EU. This also makes it nearly impossible to recruit non-EU workers to work in Europe. Labor laws within the EU, however, vary by country. This…...
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References
Costea, E. (2005). The challenges of human resources management towards organizational effectiveness: A comparative study in southern EU. Journal of European Industrial Training. Vol. 29 (2) 112-134.
Morris, S., Wright, P., Trevor, J., Stiles, P., Stahl, G., Snell, S., Paauwe, J. & Farndale, E. (2009). Global challenges to replicating HR: the role of people, processes and systems. Human Resource Management. Vol. 48 (6) 973-995.
Overview
Our company, Matrix Capital, intends to pursue a controlled and focused expansion into global markets. This expansion is informed by the company’s relative success in the U.S. In essence, ours is an investment fund that makes use of a proprietary trading approach to identify market opportunities to make the relevant investment decisions. The company accepts funds from investors and invests the said funds in three key sectors, i.e. consumables, energy, and financial services. We intend to evaluate countries in tree key regions; i.e. Africa, the Middle East and South America. The countries include Qatar (Middle East), Kenya (Africa), and Brazil (South America).
In seeking to expand, the company has four key factors it will be taking into consideration to inform its location choices. These include; country gross domestic capital per capita, political stability, competitive situation, and the country tax regime.
Analysis: Decision Matrix
Country/Region
Rating Factor
GDP per capita
Political Stability
Competition
Taxation
Weight
40
30
10
20
Qatar (Middle East)
5
3
3
3
Kenya (Africa)
2
1
2
2
Brazil (South America)
3
2
2
3
Country/Region
Weighted…...
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References
CIA. (2018). The World Factbook: Middle East – Qatar. Retrieved from Drummond, G., Ensor, J. & Ashford, R. (2007). Strategic Marketing: Planning and Control. New York, NY: RoutledgeWatson, G.G., Domingo, V., Landman, M., Miller, G., Watson, C.D. & Hopkins, M.C. (2006). Geography: Focus on Economics. New York, NY: Council for Economic Education.https://www.cia.gov/library/publications/the-world-factbook/geos/qa.html
Mergers, Acquisitions, and International Strategies
A well crafted strategy is crucial for business success in the both the local and the international market. Firms achieve this success by using business-level strategies or corporate-level strategies, or both. Business level strategies (such as cost leadership and differentiation) influence a firm's competitive advantage in its products and markets, while corporate-level strategies (such as mergers and acquisitions) affect the firm as a whole (Hill & Jones, 2012). Firms operating in the global market must also choose effective international business-level strategies and international corporate-level strategies. This paper compares an international company, Samsung, with a history of mergers and/or acquisitions, and a US-based company, Hibbert Sports, Inc., which is based solely in the US and does not have a history of any mergers or acquisitions. The paper specifically evaluates Samsung's acquisition strategy as well as its international business-level strategies and international corporate-level strategies. Also, the paper identifies…...
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References
Frainshmidt, S., Smith, A., & Judge, W. (2016). National competitiveness and Porter's diamond model: the role of MNE penetration and governance quality. Global Strategy Journal, 6(2), 81-104.
Hibbett Sports Inc. (2017). Investor relations. Retrieved from ir.net/phoenix.zhtml?c=78137&p=irol-irhomehttp://phx.corporate-
Hill, C., & Jones, G. (2012). Essentials of strategic management. 3rd edition. Boston: Cengage Learning.
Johnson, G., Scholes, K., & Whittington, R. (2010). Exploring corporate strategy. London: Prentice Hall.
Strengths and Weaknesses of Wal-Mart Global Strategy
The company has had to develop its business globally in order to evade the competition back at home. Wal-Mart today has its hope on its global strategy that has been more successful than the domestic sales. After initiating a global approach in 1991, Wal-Mart not operates in over50 countries across the globe. The failing stores in the USA have been complimented by the growing sales in other countries such as Mexico, China, Brazil and South Korea. The growth of the economies in these countries has enabled Wal-Mart to develop in these countries. For this reason, the focus of the company today is based on opening more and more stores in countries that are doing well economically such as the Asian countries such as Japan as well as those in Africa such as South Africa. However, it is important to note that the company has…...
In 2004, it established its operations in Mexico to cash in on the high rate of diabetes in this country. Diabetes is responsible for 13 out of every 100 deaths in Mexico and Novo Nordisk expanded into this Latin American market. It also encompassed Mexico as part of its global campaign and its representatives went to schools and villages to spread awareness about the disease and the ways and means to cope with it.
The H system that was implemented in Mexico was different from the one that existed in Denmark and this was mainly due to the differences in culture, work attitude of the people and national factors that have a profound impact on the employment benefits of the workers. For example, in Denmark, every worker gets to participate in the decision making process. This is a part of the Danish culture and comes from the long-standing democracy and…...
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References
Shields, John. 2007. Managing employee performance and reward: concepts, practices and strategies. Boston: Cambridge University Press.
It is indeed sad to point out that the Kyoto protocol has not been enforced as a result of its rejection by the U.S. government and the ussian move of deferring it.
Conclusion
As pointed out by Hamada (2006).the process of controlling the global weather change should be done through a combined and unified effort of all nations. These must include the entire global community of the developed and the developing nations. It is therefore important to put aside political differences and then advance a sense of unity in coming up with an appropriate framework to be used in tackling global warming. A global strategy should therefore be put forward to tackle the problem. The design of the global strategy must accommodate the situation of all the participating nations. On the technical aspect, the strategy must involve the view of both social and natural scientist.
global strategy, retail giant Wal-Mart has a few different factors to consider, as is evident in the Newsweek article, "Wal-Mart World." Not only does Wal-Mart have certain factors that must be taken into account when considering their global strategy, but these choices differ from country to country.
According to the article, "Wal-Mart is the No. 1 retailer in the United States, Canada and Mexico, growing rapidly in Asia, but still a minor player in Europe and South America." This can be attributed to the ways in which Wal-Mart attempts to expand into these regions. For example, when considering whether or not to move into a region and how the process shall be achieved, Wal-Mart must look at things such as the country's current economy, local labor laws, how the country's market operates, what sort of government regulations are in place, and the country's culture, to name just a few.
A country's…...
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Bibliography
Ernsberger, Jr., Richard. Wal-Mart World. Newsweek. (International ed.). New York: May 20, 2002. pg. 50.
Some of the problems that this type of approach offered were:
Reliability issues -- many of these marketing directors had their own host perspective (local responsiveness) and the headquarter perspective (global integration), but none of the overarching overview that someone coordinating all the activities in other countries might have.
7. Research findings, Analysis and Evaluation
The results of the primary research are fully supported by the findings of the secondary research and backed by the general theory in the area of global marketing strategy. The marketing directors of both companies in all different regions (Asia, Latin America, Europe) have admitted to adapting their marketing strategies as much as possible to local specificities, but also recognized the important role that the headquarters and central marketing department played in the way they made their decisions, especially since the central departments were also coordinating the marketing budgets and were working towards creating economies of scale and…...
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Bibliography
1. Aswathappa, A. 2006. International Business. Tata McGraw Hill.
2. Kotler, P. 2006. Marketing Management. Academic Internet Publishers Incorporated.
3. Wasilewski, Nikolai. 2001. Transnational Marketing Strategies: Performance and Limitations. Global Competitiveness
4. Egan, J. 2007. Marketing Communications. Cengage Learning Business Press
Essay Topic Examples
1. Adapting to Cultural Diversity: Disney's Global ark Strategies
This essay would explore how Disney World tailors its management strategies to accommodate diverse cultural preferences and practices across its international parks. It would involve an in-depth look at how the company navigates cultural nuances, adjusts its entertainment offerings, and trains its staff to effectively manage a global brand while maintaining local relevance.
2. The Expansion of the Disney Brand: Success and Challenges in New Markets
The focus would be on Disney World's strategies in entering new markets, the criteria used to select new locations for parks, and the operational, financial, and marketing challenges faced during the process. The essay could analyze case studies of both successful expansions, such as in Tokyo and aris, and setbacks as experienced in other locales.
3. Economic Impact of Disney arks on Global Tourism
Here, the essay would examine the broad economic implications of Disney parks on the…...
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Primary Sources
Disney, Walt E. \"Annual Report to Shareholders.\" The Walt Disney Company, 2022.
Iger, Robert A. \"The Ride of a Lifetime: Lessons Learned from 15 Years as CEO of the Walt Disney Company.\" Random House, 2019.Walt Disney Company. \"The Walt Disney Company\'s Environmental Sustainability Report.\" The Walt Disney Company, 2021.Chapek, Bob. “Global Expansion Strategies of Walt Disney Parks and Resorts.” Global Conference on Business and Economics, 2021.Walt Disney Company. \"The Walt Disney Company\'s International Business Strategy.\" U.S. Securities and Exchange Commission Form 10-K, 2022.
Essay Topic Examples
1. The Magic of Cultural Adaptation: Disney World's Localization Strategies
Analyze how Disney World tailors its theme parks, entertainment, and customer service to align with diverse cultural preferences in different geographical locations. Discuss the effectiveness and challenges of implementing a localized global management strategy and explore case studies such as Disneyland aris and Shanghai Disney Resort.
2. Overcoming International Challenges: Disney World's Strategic Approach to Global Expansion
Discuss Disney World's strategic methods for overcoming barriers such as cultural differences, regulatory frameworks, and competition during global expansion. Assess how Disney's strategic alliances, acquisitions, and partnerships have contributed to its successful global management.
3. Sustainability and Environmental Stewardship in Disney's Global Management Strategy
Examine Disney's efforts to incorporate sustainability and environmental stewardship into its global management strategy. Discuss how these efforts affect operational decisions, park design, and corporate reputation in the global market.
4. Balancing Global Standardization and Customization in the Disney Experience
…...
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Primary Sources
Walt Disney Company. \"The Walt Disney Company Fiscal Year 2022 Annual Financial Report.\" The Walt Disney Company, 2022.
Walt Disney Company. \"Walt Disney\'s Corporate Strategy Chart.\" The Walt Disney Company, 2022.Walt Disney Parks and Resorts. \"Disney Parks, Experiences and Products - A Look at Our Strategy.\" The Walt Disney Company, 2022.Disney Investor Relations. \"Walt Disney Company Q4 Earnings Call Transcript.\" The Walt Disney Company, 10 Nov. 2022.Iger, Robert A. \"Strategic Management at The Walt Disney Company: A CEO’s Perspective.\" Harvard Business Review, May-June 2022. (This would be a speech or interview with Robert Iger, accessible through platforms like HBR if it were to exist).
Essay Topic Examples
1. The Evolution of Disney's Global Management Strategy: Adapting to Cultural Differences:
This essay could explore how The Walt Disney Company has updated its management strategy over time to address the cultural nuances of various markets. It might examine case studies like Euro Disney's launch, the adaptation of Disney arks in Asia, and how Disney movies are tailored for different regions.
2. Balancing Global Standardization and Localization in Disney Theme arks:
Discuss the strategic approaches Disney World employs to balance the standardization of their core brand experience with localization practices that resonate with local cultures and customs. Analyze the organizational, operational, and marketing implications of these strategies.
3. Navigating International Regulations and artnerships in Disney's Expansion:
This topic could delve into the complexities of international business regulations, including intellectual property laws, labor standards, and environmental regulations that Disney must navigate. It could also explore the strategic partnerships Disney forms to successfully enter new…...
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Primary Sources
The Walt Disney Company. \"Annual Report 2022.\" The Walt Disney Company, 2022.
Iger, Robert A. \"The Ride of a Lifetime: Lessons Learned from 15 Years as CEO of the Walt Disney Company.\" Random House, 2019.Disney Parks, Experiences and Products. \"Fact Sheet: Disney\'s Management Strategy Worldwide.\" Disney Parks Press, 2022.Walt Disney Parks and Resorts U.S., Inc. \"Walt Disney Parks and Resorts Leadership Team Meeting Minutes.\" July 2022.The Walt Disney Company. \"Investor Relations Presentations: Global Strategies for Growth.\" The Walt Disney Company, 2022.
Here are some potential essay topics on corporate level strategies of Nestle:
1. Analyze and evaluate Nestle's diversification strategy. How has Nestle expanded its product portfolio over the years and how has this contributed to its overall growth and success?
2. Assess Nestle's international expansion strategies. How has Nestle entered new markets and expanded its global presence? What challenges has the company faced in pursuing a global strategy?
3. Examine Nestle's strategic alliances and partnerships. How has Nestle collaborated with other companies to strengthen its competitive position and drive growth? What benefits has Nestle derived from these strategic alliances?
Modern conflicts have witnessed a significant departure from the conventional titles traditionally bestowed upon wars. These new titles reflect the evolving nature of warfare, the socio-political context in which they occur, and the shifting perceptions of war's causes and consequences.
The Decline of Traditional Titles
In the past, wars were often named after their geographical location (e.g., the Franco-Prussian War) or the specific conflict between two or more belligerents (e.g., the Hundred Years' War). However, such titles have become less common in recent decades. The increasing complexity and interconnectedness of global conflicts has made it....
1. The impact of cultural differences on global strategy implementation in intunes 2. The role of technology in driving sustainability efforts at intunes 3. Examining the effectiveness of supply chain partnerships in promoting sustainable practices at intunes 4. The importance of employee engagement and empowerment in driving global strategy at intunes 5. Analyzing the influence of government policies and regulations on intunes’ sustainable activities 6. Investigating the role of customer feedback and preferences in shaping intunes’ global strategy and sustainability initiatives.
7. Exploring the impact of stakeholder relationships on intunes' global strategy and sustainability efforts 8. Assessing the effectiveness of green marketing initiatives in promoting sustainable practices....
Lesser-Known but Engaging Essay Topics on Global Strategy and Sustainable Activities of Multinationals
Topic 1: The Role of Emerging Markets in Shaping Multinational Strategies
Focus: Explore how the rise of emerging markets influences the global strategies of multinationals. Discuss factors driving this shift, such as market potential, cost advantages, and political risks.
Possible Outline: Introduction: Global reach and the importance of emerging markets Section 1: Market opportunities and growth potential Section 2: Cost advantages and sourcing strategies Section 3: Political risks and their mitigation Conclusion: Implications for multinational competitiveness
Topic 2: The Impact of Climate Change on Supply Chain Management
Focus: Analyze....
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